How Much Money Does a Maine Lobsterman Make?

Regional Differences in Lobster Fisherman Salaries

• Florida: $40,000
• Maine: $37,000
• Alaska: $33,000
• California: $47,000
• Massachusetts: $51,000
• US Average: $26,866
• Top 83% Earnings: $46,390
• Salary Range: $18,760 to $46,390
• Middle 50% Earnings: $24,273 to $26,816
• Maine Licensing and Work Details:
  • Prospective owners apprentice for two years
  • Lengthy license waiting list
  • Weekly catch share ranges from $600 to $1,800
  • Work involves baiting, setting, and checking traps
  • Typically work in two-man teams

Lobstering Industry Statistics

• 2022 Total Catch: 98 million pounds worth $389 million
• Change from Previous Year: 11% decrease
• 2019 Maine Catch: Nearly 101 million pounds valued at $485.4 million
• 23,000 Lobster Farm Construction: Expected cost of about $650 million
• Darden Investment: $300 million